Coronavirus impacting companies in Hamburg

More than a third of Hamburg-based companies say the coronavirus is having a “high” or “very high” impact on their business activities, a survey by the Chamber of Commerce Hamburg has found. This percentage among companies who do business with China is around 48 per cent. Only 10 per cent of companies are feeling little or no effect. This comes as the COVID-19 epidemic spreads. However, the overall impact on the German economy remains unclear.